TFI International Inc. reported third-quarter net income of US$105.7 million and revenue of US$2.23 billion, up from the year-earlier period.
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TFI International Inc. says its net income rose to US$105.7 million in the third quarter, compared with US$84.7 million in the prior-year quarter.
On a diluted per-share basis, earnings were US$1.28, up from US$1.02 in the same quarter last year.
The Montreal-based trucking and logistics company, which keeps its books in U.S. dollars, reported revenue of US$2.23 billion for the quarter, increasing year over year from US$1.97 billion.
TFI International said its total revenue in its logistics segment rose 22 per cent and its truckload segment revenue rose 15 per cent.
The company also declared a quarterly dividend of 47 cents (U.S.) in September, up four per cent from the previous year.
In a news release, CEO Alain Bédard said the company has produced US$440 million year-to-date in free cash flow.
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